Looking at GC on the 4 hour TF, we see it consolidating in a small rising wedge. If price wants to continue higher, I will be looking for price to drop back down to the $3980s level and then move higher breaking out of the wedge. If price wants to continue lower, I will be looking for price to make its way up to the 38.2% Fibonacci level marked on the chart, around $4090s, before breaking back down and creating another leg down in its recent downtrend.
What are your thoughts on GC?
What are your thoughts on GC?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.